The strait carries up to 20% of the world's oil exports at around 20 million barrels of oil each day. Any closure could cost the global economy greatly, even if only for a short time.
The Israel-Iran war threatens the country's energy security, foreign currency reserves, tourism, and investment. There are Plan Bs but none are attractive, and the situation could yet get worse.
After Donald Trump agreed to lift sanctions, Syria's central bank is now in the spotlight. Its independence needs to be protected from political interference through transparency and accountability.
As Tunisian youth flee their homeland in search of opportunity, thousands of Italian retirees are heading in the opposite direction—drawn by tax breaks, low living costs, and Mediterranean charm
The late pontiff warned against capitalism's worship of money as a false idol, likening it to a golden calf that reduces life to mere consumption. Money must serve, not rule, he said.
Donald Trump's tariff blitz was matched by China, so the two quickly agreed a temporary truce in Geneva. Yet the clock is ticking on this pause, which will not be long enough to fix all the issues.
Old fields could produce 400,000 barrels of oil per day within a year and there are some large natural gas reserves to exploit, but investment is needed to make the most of the opportunity.
In the race to supply natural gas to Europe, Morocco, Algeria, Russia, Nigeria, Türkiye, Qatar, and Niger are all involved. With an existing pipeline network to Europe, does Algeria have an advantage?
Could the installation of small modular reactors on floating barges or platforms to provide clean electricity and heat for remote regions be an answer to Africa's electricity problems?
The strait carries up to 20% of the world's oil exports at around 20 million barrels of oil each day. Any closure could cost the global economy greatly, even if only for a short time.
De-escalation is in the overwhelming interest of most countries in the region and the world, and we could see many extend a hand to help bring the conflict to an end
Trump and Netanyahu disagree on whether to use military force to stop Iran's nuclear programme, and Israel's punishing attack on Iran places the region on a worrisome trajectory